From Web2 to Web3: The Evolution of Online Infrastructure
The internet has come a long way since its inception, evolving from the static, text-heavy Web 1.0 to the dynamic, interactive Web 2.0. Now, we stand on the verge of yet another major transformation with the advent of Web3. In this article, we’ll explore the journey from Web2 to Web3, delving into the key changes […]
CFTC Reveals Digital Asset Enforcement Result for 2023
The United States Commodity Futures Trading Commission (CFTC) has unveiled the enforcement results for fiscal year (FY) 2023, in which about 50% of the cases brought to its attention in 2023 involved crypto. The report underscores a significant increase in digital asset cases, measures taken to enforce regulatory responsibilities on registrants, instances of manipulation and […]
US SEC Hits Binance and Binance.Us For Lawsuit Dismissal
US SEC submits an opposition to Binance and Binance.US’s motions to dismiss the lawsuit, requesting that the court deny the motion. A lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance and its US subsidiary Binance.US continues to allege violations of security laws and fraud. The latest filing by the U.S. SEC […]
The Economic Implications of Play-to-Earn Web3 Games
Play-to-Earn Web3 Games are changing the gaming industry, moving beyond simple graphics and limited gameplay. With Web3 technology and blockchain, these games provide both entertainment and economic opportunities for players. In this article, we will explore the economic implications of P2E Web3 games, including the potential for financial rewards, the impact on conventional game development, […]
SEBA Bank Receives Hong Kong SFC License
Following an in-principle approval to offer virtual asset trading services in August 2023, Swiss crypto bank SEBA has obtained a license to operate from the Hong Kong Securities and Futures Commission (SFC). SEBA Bank, headquartered in Switzerland, has recently obtained a license from the Hong Kong SFC as the most recent crypto-focused institution to do […]